For Week Ending May 31, 2025 Mortgage applications for new home purchases increased 2% month-over-month and 5.3% year-over-year, according to the Mortgage Bankers Association (MBA) Builder Application Survey, marking the second straight month of annual gains and the highest level … Continue reading
Weekly Market Report
Inventory
Weekly Market Report
For Week Ending May 24, 2025 According to Realtor®.com, 18% of listings had a price reduction in April, up from 15.5% one year earlier, and the highest share for April going back to 2016. Among major metropolitan areas, Phoenix, AZ, … Continue reading
Inventory
Weekly Market Report
For Week Ending May 17, 2025 There were 30.6% more homes actively for sale in April compared to the same time last year, according to Realtor®.com’s latest Monthly Housing Market Trends Report, marking the 18th consecutive month of annual growth … Continue reading
Inventory
Weekly Market Report
For Week Ending May 10, 2025 With home prices on the rise, down payments continue to grow nationwide. According to Realtor®.com, buyers paid an average of 14.4% of the purchase price, or $30,250, in the fourth quarter of 2024, a … Continue reading
Inventory
Weekly Market Report
For Week Ending May 3, 2025 U.S. pending home sales increased 6.1% from the previous month, the largest monthly increase since December 2023, according to the National Association of Realtors®. Economists polled by Reuters had forecast an increase of 1% … Continue reading
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